PAINCHEK LTD — Major Shareholding Notification 2019

Dec 5, 2019

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme PAINCHEK LIMITED ACN/ARSN 146 035 127

1. Details of substantial holder (1)

Name PETERS INVESTMENTS PTY LTD ACN/ARSN (if applicable) 008 6999 287

The holder became a substantial holder on 26 / 09 / 2016

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
ORDINARY FULLY PAID	55,000,000	11.99%	11.99%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
PETERS INVESTMENTS PTY LTD	DIRECT	ORDINARY SHARES 55,000,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered asholder(8)	Class and number of securities
PETERS INVESTMENTS PTY LTD	PETERS INVESTMENTS PTY LTD	PETERS INVESTMENTS PTY LTD	ORDINARY SHARES 55,000,000

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
PETERS INVESTMENTS PTY LTD	22/04/2016	$100,000		ORDINARY SHARES 5,000,000
PETERS INVESTMENTS PTY LTD	26/09/2016	$1,000,000		ORDINARY SHARES 50,000,000